Bigger than Dallas
Fri Sep 1, 2006
Texas hedge funds have hit a gusher, and—guess what—it's not all oil.
|Lee Ainslie, John Arnold, T. Boone Pickens, Clint
Carlson, Sid Bass, Richard Rainwater, Sam Wyly
By Josh Friedlander
Dallas has long been considered the old money capital
of Texas, and in few places is this financial sophistication
more apparent than at the Crescent Court complex, a lush paean
to the oil wealth that financed its construction and the money
managers who crowd its cavernous halls. Housed within the
Crescent's faux château exterior of slate rooftops and
gray limestone siding is one of the greatest concentrations of
hedge funds and investors in any one office complex anywhere in
Texans are known for doing things big, and Crescent Court is
no exception. HBK Investments, the $10 billion multistrategy
firm - and Texas' largest - occupies 60,000 square feet on two
floors of the Crescent, which contains 1.1 million rentable
square feet in total. Other tenants include the entire back
office and some...
ISSN: 2151-1845 / CDC10004H
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